2-bed · 1,196 sqftGlitz Residence 1, Dubai Studio City · 3rd floor · completed 2017

304, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 20 July 2025
Last soldAED 1.09M7 June 2015
Current rentAED 112K /yr20 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Glitz Residence 1

What is 304 worth today?

Last sold for AED 1,085,579 in 2015

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20 Jul 2025RentedRenewal
AED 112,000/yr12 months · AED 94 per sqft
20 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 92 per sqft
20 Jul 2023RentedNew contract
AED 105,000/yr12 months · AED 88 per sqft
22 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
7 Jun 2015Sold by developerOff-plan
AED 1,085,579AED 908 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
3rd of 8
Parking
B-103, B-104
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,300 /yr
Last sold
AED 1.09M · June 2015

About 304, Glitz Residence 1

304 is a two-bedroom apartment of 1,196 sqft on the 3rd floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 7 June 2015 for AED 1,085,579, or AED 908 per sqft, in line with the AED 910 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 20 July 2025, is AED 112,000 a year: a gross yield of 10.3% on the 2015 price, before the service charge of about AED 20,300 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Glitz Residence 1
900K1M1.1M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, June 2015: AED 1,085,579 (AED 908 per sqft)

304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Glitz Residence 1
50K100K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 80,000; 2019 AED 75,000; 2020 AED 55,000; 2021 AED 53,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 76,650; 2025 AED 83,000New contract, October 2021: AED 90,000 a yearNew contract, July 2023: AED 105,000 a yearRenewal, July 2024: AED 110,000 a yearRenewal, July 2025: AED 112,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Glitz Residence 1, and where 304 sits

All 31 2-beds →

304 last sold in June 2015 at AED 908 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 910). 304's AED 112,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 May 20251,100,000
21 Apr 20251,050,000
15 Apr 20251,050,000
28 Mar 20251,050,000
0 2-bed sales in the last 12 months

Glitz Residence 1

Building

146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 2 sold in the last 12 months.

Typical price per sqft
AED 986
Typical sale
AED 600K
Typical rent
AED 60K /yr
Typical yield
8.4%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 3rd floor

All 146 units in Glitz Residence 1
Value
3011-bedAED 475K · Feb 2023
302StudioAED 380K · Jul 2023
3032-bedAED 1.07M · Aug 2015
305StudioAED 508K · Apr 2015
3061-bedAED 500K · Jul 2023
3071-bedAED 801K · Aug 2015
3081-bedAED 742K · Aug 2015
1–7 of 17

304, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 1,085,579, or AED 908 per sqft.
  • Rented since October 2021 on 4 Ejari contracts, from AED 90,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2015 price is 10.3%, before a service charge of about AED 20,300 a year (AED 16.96 per sqft).

Source: Dubai Land Department. Updated 20 July 2025.

Questions about 304, Glitz Residence 1

What did unit 304 last sell for?

AED 1,085,579 on 7 June 2015, sold by the developer: AED 908 per sqft for 1,196 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 112,000 a year on the contract renewed on 20 July 2025. The previous contract, from July 2024, was AED 110,000; the unit has been rented since October 2021.

How big is unit 304?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 304, Glitz Residence 1

Starts from the last sale price (AED 1.09M, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,579
Deposit, UAE resident (20%)
AED 217,116
Deposit, non-resident (40%)
AED 434,232
Monthly over 25 years at 3.7%
AED 4,441

Plus AED 50,604 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →